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Address And Details

90 Hudson St 10th Flr , Jersey City, NJ 07302
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund s investment objective is to seek high current income and the opportunity for capital appreciation to produce a high total return. To pursue its objective, under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds, debentures and other fixed income securities. The Fund may invest a substantial portion of its net assets in high-yield securities (commonly referred to as below investment grade or junk bonds). High-yield securities are debt securities that are rated BB/Ba or lower by an independent rating agency, or are unrated but determined by Lord, Abbett & Co. LLC ( Lord Abbett ) to be of comparable quality.

Net Asset Value

as of 6:07 PM ET 01/14/2022


  • 1 Week
  • -0.36%
  • 1 Month
  • -1.67%
  • 3 Months
  • -2.84%
  • 1 Yr Return
  • -2.84%
  • 5 Yr Return
  • +2.75%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 88.10%
Stocks 10.85%
Cash 1.07%
Convertible 0.19%
Preferred 0.04%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -0.25%
Total Net Assets 262.39 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 3.51 2.59 4.04
Beta 0.87 0.72 0.62
R Squared 0.10 0.09 0.09
Std Deviation 9.05 7.39 6.28
Sharpe Ratio 0.79 0.60 n/a

Purchase Information

as of 6:24 PM ET 01/12/2022
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • +3.07%
  • +3.07%
+3.07% +3.07%
3 Year
  • +7.73%
  • +7.73%
+7.73% +7.73%
10 Year
  • +6.15%
  • +6.15%
+6.15% +6.15%
Life Of Fund
  • +5.94%
  • +5.94%
+5.94% +5.94%

Top 10 Holdings

Symbol Company Name % Of Assets

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